#Bitcoin

Swedbank recently froze a customer’s account after it found out about her selling five bitcoins on a digital currency marketplace. Sandra Bröms Hopkins said the Swedish bank froze her account a few days after she sold her bitcoins on LocalBitcoins.com. “I sold the bitcoins on 4th September 2013. I could see that the money had been deposited into my bank account. When I checked my account a few days later I could see that it was blocked and I couldn’t do any transactions on my account,” she explained. Bröms Hopkins went on to say she was particularly frustrated that the bank didn’t try to contact her before freezing her account. On 11th September, her account was still blocked, so she wrote to Swedbank to ask for an explanation. The bank responded a week later asking about the transaction she had made on LocalBitcoins.com. “Then a guy from the bank called me. He didn’t say ...